IN CONJUNCTION WITH RELATED ORGANIZATIONS, MIDPEN HOUSING CORPORATION'S MISSION IS TO PROVIDE SAFE, AFFORDABLE HOUSING OF HIGH QUALITY TO THOSE IN NEED; TO ESTABLISH STABILITY AND OPPORTUNITY IN THE LIVES OF RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY, AND MUTUAL RESPECT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$359.1M
+5.9% YoY
Annual Giving
$3.1M
-58.9% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$286K
-51.4% YoY
About Midpen Housing Corporation
Based on IRS filings
Midpen Housing Corporation is a nonprofit organization focused on Housing & Shelter, based in FOSTER CITY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $359.1M in total assets. In 2024, it awarded 11 grants totaling $3.1M. Net investment income was $10.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $359,107,963 | $339,062,142 | $303,587,001 |
| Revenue | $55,417,692 | $55,697,583 | $62,012,587 |
| Expenses | $33,550,567 | $36,466,328 | $38,296,668 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,664,781 | $5,558,716 | $3,717,353 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mid-peninsula Baker Park Inc ($2,431,328), Mid-peninsula Pickering Inc ($351,830), Mp 21 Soledad Street Lp ($152,244).
| Recipient | Purpose | Amount |
|---|---|---|
| CALIFORNIA HOUSING CONSORTIUM AGOURA HILLS, CA | FOR ANNUAL DONATION | $7,500 |
| EASY BAY HOUSING ORGANIZATIONS OAKLAND, CA | FOR ANNUAL DONATION | $7,750 |
| HOUSING LEADERSHIP COUNCIL OF SAN MATEO SAN MATEO, CA | FOR ANNUAL DONATION | $12,300 |
| NEW WAY HOMES INC SANTA CRUZ, CA | FOR ANNUAL DONATION | $10,000 |
| NON PROFIT HOUSING ASSOCIATIONS OF NORTHERN CA SAN FRANCISCO, CA | FOR ANNUAL DONATION | $18,000 |
| SVHOME SAN JOSE, CA | FOR ANNUAL DONATION | $10,000 |
| MIDPEN RESIDENT SERVICES CORPORATION FOSTER CITY, CA | FOR ACAP FUND $60K | $60,000 |
| MIDPEN RESIDENT SERVICES CORPORATION FOSTER CITY, CA | RELATED TO HUD GRANT (MOON GATE) | $85,480 |
| MID-PENINSULA PICKERING INC FOSTER CITY, CA | RELATED TO FAIR HAVEN COMMONS CA ENERGY COMMISSION BUILD GRANT | $351,830 |
| MID-PENINSULA BAKER PARK INC FOSTER CITY, CA | RELATED TO IRAN D. HALL DEV FEE CONTRIBUTION | $2,431,328 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC HARRISON | CHAIRPERSON | 2 | — |
| JESSICA GARCIA-KOHL | VICE CHAIRPERSON | 2 | — |
| JENNIFER MARTINEZ | SECRETARY | 2 | — |
| ENRIQUE TORRES | TREASURER | 2 | — |
| TERRY FREEMAN | DIRECTOR | 2 | — |
| RENEE MCDONNELL | DIRECTOR | 2 | — |
| MELANIE MOCK | DIRECTOR | 2 | — |
| ELISA DE LAET JAGERSON | DIRECTOR | 2 | — |
| JENNIFER HICKS | DIRECTOR | 2 | — |
| FAY SIEN GOON | DIRECTOR | 2 | — |
| STEPHANIE SONNENSHINE | DIRECTOR | 2 | — |
| CHAN U LEE | DIRECTOR | 2 | — |
| YUSEF FREEMAN | DIRECTOR | 2 | — |
| JONATHAN FEARN | DIRECTOR | 2 | — |
| MATTHEW O FRANKLIN | CEO/PRESIDENT/ASST. SECRET | 25 | — |
| MICHAEL J VERGURA | CFO / ASSISTANT SECRETARY | 25 | — |
| ANN GOGGINS GREGORY | COO / ASSISTANT SECRETARY | 24.5 | — |
| JANINE LIND | COO / ASSISTANT SECRETARY | 24.5 | — |
| LANCE SMITH | VP/CORP. COUNSEL & BROKER/ASST. SECRETARY | 35 | — |
| KASEY ARCHEY | ASSISTANT SECRETARY | 0.1 | — |
| JOANNA CARMAN | ASSISTANT SECRETARY | — | — |
| ABIGAIL GOLDWARE POTLURI | ASSISTANT SECRETARY | 44.8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Midpen Housing Corporation?
Midpen Housing Corporation is a nonprofit organization focused on Housing & Shelter, based in FOSTER CITY, CA. It holds $359.1M in total assets as of 2024.
How large is Midpen Housing Corporation?
As of 2024, Midpen Housing Corporation holds $359.1M in total assets with $55.4M in annual revenue. It awarded 11 grants totaling $3.1M in 2024.
Where does Midpen Housing Corporation operate?
Midpen Housing Corporation has awarded grants in California.
What size grants does Midpen Housing Corporation award?
In 2024, Midpen Housing Corporation awarded 11 grants totaling $3.1M — an average of about $286K per grant, based on its IRS Form 990 filings.
What is Midpen Housing Corporation's EIN?
Midpen Housing Corporation's EIN (Employer Identification Number) is 23-7089977. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Midpen Housing Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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